Zacks Bull and Bear of the Day Highlights: Sohu.com, Inc., Cousins Properties, JPMorgan Chase, Wells Fargo & Company and Zions Bancorporation

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Tue Jul 7, 2009 5:00pm EDT

http://www.profit.zacks.com/
CHICAGO--(Business Wire)--
Zacks Equity Research highlights Sohu.com, Inc. (Nasdaq: SOHU) as the Bull of
the Day and Cousins Properties (NYSE:CUZ) the Bear of the Day. In addition,
Zacks Equity Research provides analysis on JPMorgan Chase (NYSE:JPM), Wells
Fargo & Company (NYSE:WFC) and Zions Bancorporation (Nasdaq: ZION). 

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676. 

Here is a synopsis of all five stocks: 

Bull of the Day: 

Sohu.com, Inc. (Nasdaq: SOHU) is the second-largest Internet portal and one of
the most well-known online brands in China. Sohu's pipeline for its new online
games remains strong and is expected to drive meaningful growth in late 2009 and
2010. 

The company spun-off part of its gaming division Changyou.com via an ADS
offering, which is expected to increase user base and help gain shares in the
MMORPG market. We are also encouraged by the company's growing cash balance as
well as its debt free balance sheet. 

We believe that the current stock price does not fully reflect the company's
intrinsic value. Concerns are related to online ad spending, as consumers remain
cautious in their spending. We maintain our Buy rating on the shares of SOHU
with a six-month target price of $75.00. 

Bear of the Day: 

Cousins Properties (NYSE:CUZ) reported 1Q FFO of $0.15 per share, $0.10 lower
than our estimates due to higher expenses and lower top line revenue. CUZ has a
concentration of assets in Atlanta and Dallas, two markets with increasing
downtown and suburban office vacancies. 

In addition, the company's retail portfolio continues to struggle. While the
company's office portfolio performed relatively well in the 1st quarter, we
think operations will deteriorate. 

The dividend was cut 32% in an effort to conserve cash. Another cut could be
coming in 2009 if conditions do not improve. 

Latest Posts on the Zacks Analyst Blog: 

Yet More Banks Recession Victims

The Federal Deposit Insurance Corp. (FDIC) was appointed receiver of the
following 7 failed banks: The John Warner Bank of Clinton, First State Bank of
Winchester, Rock River Bank of Oregon, Elizabeth State Bank, Founders Bank,
First National Bank of Danville and Millennium State Bank of Texas. FDIC
arranged for other institutions to assume all the deposits and branches of the
failed banks. 

The FDIC estimates total cost to the deposit insurance fund from the failure of
these banks to be approximately $314 million. The deposit insurance fund now
stands at its lowest level since 1993 - $13 billion as of the end of March 31,
2009. 

The largest acquirers of U.S. bank failures during 2008 and 2009 include
JPMorgan Chase (NYSE:JPM) (acquired Washington Mutual), Wells Fargo & Company
(NYSE:WFC) (acquired Wachovia Bank) and Zions Bancorporation (Nasdaq: ZION)
(acquired Alliance Bank). 

Get the full analysis of all these stocks by going to
http://at.zacks.com/?id=2649. 

About the Bull and Bear of the Day

Every day, the analysts at Zacks Equity Research select two stocks that are
likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6
months. 

About the Analyst Blog

Updated throughout every trading day, the Analyst Blog provides analysis from
Zacks Equity Research about the latest news and events impacting stocks and the
financial markets. 

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis
to help investors know what stocks to buy and which to sell for the long-term. 

Continuous coverage is provided for a universe of 1,150 publicly traded stocks.
Our analysts are organized by industry which gives them keen insights to
developments that affect company profits and stock performance. Recommendations
and target prices are six-month time horizons. 

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest
analysis from Zacks Equity Research. Subscribe to this free newsletter today by
visiting http://at.zacks.com/?id=2677. 

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in
1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns
in stock market data that would lead to superior investment results. Amongst his
many accomplishments was the formation of his proprietary stock picking system;
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Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release. 

Disclaimer: Past performance does not guarantee future results. Investors should
always research companies and securities before making any investments. Nothing
herein should be construed as an offer or solicitation to buy or sell any
security. 







Zacks.com
Mark Vickery
312-265-9380
Visit: www.zacks.com

Copyright Business Wire 2009

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